TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 30 September  2018
General Insurance Corporation of India
Registration Number:  112  
Date of Registration: 02-04-2001
Classification: Total Business (` in Lacs)
Item Description Notes No. Amount
(1) (2) (3) (3)
A Policy-holder's Funds    
  Available Assets (as per IRDAI-GI-TA)   68311 43.75
  Deduct:    
B Current liabilities as per BS   49351 46.87
C Provision as per BS   11507 48.66
D Other Liabilities    3842 46.30
E Excess in Policyholders’ Funds (A-B-C-D)*   361001.93
  Shareholder's Funds    
F Available Assets    18492 57.88
  Deduct:    
G Other Liabilities    1135 15.68
H Excess in Shareholders’ Funds (F-G)   17357 42.21
I Total Available Solvency Margin [ASM]   (E+H)   20967 44.13
J Total Required Solvency Margin  [RSM]   12146 44.80
K Solvency Ratio (Total ASM/Total RSM)   1.73
* Though Policyholder's fund is in minus,GIC Re has sufficient shareholder's funds to support and meet the liabilities,if required.
# The above table includes the RSM for Life Re is RS  70,789.95 lakhs